BRICS Tourism Landscape Outlook

As travelers eagerly anticipate their adventures, the BRICS tourism industry stands as a beacon of opportunity and growth. With a current valuation soaring to US$ 5.09 trillion in 2024, the stage is set for a transformative journey ahead.

The narrative unfolds with anticipation, envisioning a future where demand ascends to US$ 7.83 trillion by 2034, fostering a CAGR of 4.4%.

Attributes Details
Value for 2024 US$ 5.09 trillion
Value for 2034 US$ 7.83 trillion
Forecast CAGR for 2024 to 2034 4.4%

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A Tale of Past Triumphs and Future Adventures in the BRICS Tourism Realm

Historical CAGR (2019 to 2023) 3.70%
Forecast CAGR (2024 to 2034) 4.40%

From 2019 to 2023, the industry witnessed a sluggish CAGR of 3.70%, reflecting a period of gradual expansion and evolution. This era marked a boom in accessibility and a rise in interest in exploring the diverse landscapes and cultures within the BRICS nations.

The forecasted CAGR from 2024 to 2034 paints a picture of continued growth and adventure in the BRICS Tourism realm. With a projected CAGR of 4.40%, the future promises to be ripe with opportunities for exploration, discovery, and innovation.

From ancient treasures to modern marvels, each destination beckons with tales of past triumphs and beckons toward future adventures, inviting travelers to embark on a journey of a lifetime.

Beacons to Guide the BRICS Tourism Industry Forward

  • The rich cultural heritage and diverse landscapes of the BRICS nations serve as beacons guiding the tourism industry forward.
  • Continued investment in tourism infrastructure, such as transportation networks, accommodation facilities, and tourist attractions, acts as a guiding light for the industry.
  • Enhanced accessibility and improved amenities pave the way for seamless travel experiences, encouraging visitors to explore the treasures of the BRICS nations with ease and comfort.
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Sudip Saha

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Key Factors Hampering the BRICS Tourism Industry

  • Despite progress, infrastructure challenges such as inadequate transportation networks, limited accommodation options, and insufficient tourist facilities can impede the growth of the industry.
  • Inconsistent infrastructure development across regions may deter potential visitors and hinder the overall tourism experience.
  • Geopolitical tensions, economic uncertainties, and security concerns within the BRICS nations can pose significant obstacles to the tourism industry.
  • Political instability and safety issues deter travelers from visiting certain destinations, thus impacting tourist arrivals and revenue generation within the region.

Comparative View of the Adjacent BRICS Tourism Industry

This section compares the BRICS tourism industry, the tourism industry, and the ecotourism industry. The desire for cultural exchange and heritage preservation acts as a primary driver in the broader tourism industry.

Ecotourism initiatives within BRICS nations capitalize on this trend by offering immersive nature-based experiences that help to promote environmental education, conservation, and sustainable practices.

BRICS Tourism Industry:

Attributes BRICS Tourism Industry
CAGR from 2024 to 2034 4.4%
Opportunity Embracing sustainable tourism practices.
Key Trends The digital transformation of travel experiences acts as a major key trend.

Tourism Market:

Attributes Tourism Market
CAGR from 2022 to 2032 5%
Opportunity The expansion of medical tourism services acts as a tourism industry.
Key Trends Modern travelers are broadly seeking immersive and authentic experiences that allow them to connect with local cultures, traditions, and lifestyles.

Ecotourism Market:

Attributes Ecotourism Market
CAGR from 2023 to 2033 15%
Opportunity The ecotourism industry is the development of partnerships for biodiversity conservation.
Key Trends Adopting sustainable accommodation practices.

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Category-wise Insights

The below section shows the leading segment. Based on the consumer orientation, the men segment is accounted to hold an industrial share of 48.3% in 2024. Based on age group, the 26-35 years segment is accounted to hold an industrial share of 35.4% in 2024.

Category Industrial Share in 2024
Men 48.3%
26-35 years 35.4%

Men Segment to Hold a Significant Share in the Industry

Based on consumer orientation, the men's segment stands out, capturing a significant industrial share of 48.3%. The considerable share underscores the surge in the prominence of men as key consumers in the industry.

As societal norms evolve and traditional gender roles blur, men are widely embracing self-care and grooming, including investing in personal care products tailored to their needs.

The boom in specialized men's grooming brands and products tailored to men's preferences and lifestyles further fuels this trend, thus catering to their unique requirements and preferences.

26-35 Years Segment to Hold a Dominant Share in the Industry

Based on age group, the 26-35 years segment is accounted to hold an industry share of 35.4% in 2024. The age group represents a demographic characterized by young adults in the prime of their professional and personal lives, often prioritizing self-care and grooming routines.

With a focus on maintaining youthful appearances and adopting healthy lifestyles, individuals within this age bracket are keen consumers of personal care products.

The purchasing power, coupled with a desire to invest in quality grooming products, propels significant demand within the industry, making them a critical target audience for brands and retailers alike.

Country-wise Insights

The table describes the top five countries ranked by revenue, with South Africa holding the top position. The dominance of South Africa in the BRICS tourism industry is propelled by its diverse landscapes, vibrant cities, and rich cultural heritage.

Iconic attractions such as safaris in Kruger National Park, Table Mountain in Cape Town, and artistic experiences contribute to its appeal, making it a top destination within the BRICS nations.

Forecast CAGRs from 2024 to 2034

Countries CAGR
Brazil 4.5%
Russia 4.9%
China 5.2%
India 5.8%
South Africa 6.2%

Rich Heritage of BRICS Tourism Retains the Industry in Brazil

In Brazil, the BRICS tourism industry thrives on the diverse natural landscapes, vibrant culture, and iconic attractions.

From the breathtaking Amazon rainforest to the bustling streets of Rio de Janeiro, Brazil offers a myriad of experiences for travelers seeking adventure, relaxation, and cultural immersion.

The warm climate, welcoming people, and rich heritage make it a top destination within the industry.

Presence of Architectural Wonders Boosts the Industry in Russia

Tourists are drawn to iconic landmarks, including the Kremlin in Moscow, the Hermitage Museum in Saint Petersburg, and the historic cities along the Golden Ring in Russia.

Cultural attractions such as the Bolshoi Theatre and the Trans-Siberian Railway offer unique experiences for travelers seeking cultural immersion and adventure.

The vast wilderness areas, including Lake Baikal and the Kamchatka Peninsula, also attract ecotourists interested in exploring pristine natural environments.

Vibrant Cities and Scenic Landscapes Rising in Popularity is Ensuring Industry Growth in China

The vibrant cities in China, including Beijing, Shanghai, and Xi'an, showcase modern developments, technological innovation, and dynamic urban landscapes.

The diverse cuisine, traditional festivals, and scenic landscapes, such as the Li River and Zhangjiajie National Forest Park, further contribute to its appeal as a top tourist destination within the BRICS nations.

Developing Adventure Enthusiasts Industry in India Aids the BRICS Tourism Ecosystem

Tourists are drawn to iconic landmarks, such as the Taj Mahal, Jaipur's palaces, and Kerala's backwaters, which offer glimpses into the rich history and architectural marvels.

Spiritual seekers flock to sacred sites such as Varanasi, Rishikesh, and Bodh Gaya, while adventure enthusiasts explore the Himalayas, national parks, and wildlife reserves.

The vibrant festivals, colorful industries, and culinary delights further enhance its appeal as a top tourist destination within the BRICS nations.

Rising Affluence of the Jungle Safaris Gives Rise to a Greater Demand for BRICS Tourism

Tourists flock to South Africa to embark on safari adventures in Kruger National Park, explore the vibrant city of Cape Town, and visit iconic landmarks such as Table Mountain and Robben Island.

The rich cultural heritage, including its diverse population, languages, and traditions, offers immersive experiences for travelers seeking cultural exchange and exploration.

The scenic coastal drives, winelands, and outdoor activities appeal to adventure seekers and nature enthusiasts, making it a top destination within the BRICS nations for tourism.

Competitive Landscape

Each member nation of the BRICS tourism industry competes with its unique blend of attractions, cultural heritage, and hospitality offerings. Competition drives innovation in infrastructure, services, and industrial strategies as each nation seeks to attract and retain tourists.

Collaboration within the BRICS framework fosters mutual growth and exchange of best practices, further enhancing the competitiveness of the collective tourism industry on the global stage. Some of the key developments are:

  • In 2022, SOTC introduced sustainable travel initiatives aimed at promoting responsible tourism practices across Brazil, Russia, India, China, and South Africa. These initiatives focused on minimizing environmental impact, supporting local communities, and preserving cultural heritage, aligning with the growing demand for eco-conscious travel experiences.
  • In 2022, Kesari Tours launched exclusive itineraries that showcase the hidden gems and off-the-beaten-path destinations within Brazil, Russia, India, China, and South Africa. These offbeat tours catered to adventurous travelers seeking authentic and unconventional experiences beyond traditional tourist attractions.

Key Coverage in the BRICS Tourism industry Report

  • Adjacent Study on BRICS Tourism Industry
  • South Africa BRICS Tourism Industry
  • BRICS Tourism Industry Size, and Share, Current Insights, and Demographic Trends
  • Economic impact of tourism in BRICS countries
  • BRICS tourism investment opportunities

Report Scope

Attributes Details
Estimated Industry Size in 2024 US$ 5.09 trillion
Projected Industry Valuation in 2034 US$ 7.83 trillion
Value-based CAGR 2024 to 2034 4.4%
Forecast Period 2024 to 2034
Historical Data Available for 2019 to 2023
Industry Analysis Value in US$ trillion
Key Industry Segments Covered
  • Tourism Type
  • Booking Channel
  • Tourist Type
  • Tour Type
  • By Consumer Orientation
  • By Age Group
  • Region
Key Countries Profiled
  • Brazil
  • Russia
  • China
  • India
  • South Africa
  • Egypt
Key Companies Profiled
  • Thomas Cook
  • Cox and Kings
  • SOTC
  • Kesari Tours
  • Expedia
  • Signature Tours
  • Natripp

Key Segments

By Tourism Type:

  • Cultural & Heritage Tourism
  • Medical Tourism
  • Eco/Sustainable Tourism
  • Sports Tourism
  • Wellness Tourism
  • Others

By Booking Channel:

  • Online Travel Agents
  • Traditional Agents
  • Direct Booking

By Tourist Type:

  • Domestic Tourist
  • International Tourist

By Tour Type:

  • Independent Traveller
  • Tour Groups
  • Package Traveller

By Consumer Orientation:

  • Men
  • Women

By Age Group:

  • 15-25 Years
  • 26-35 Years
  • 36-45 Years
  • 46- 55 Years
  • 56- 65 Years
  • 66-75 Years
  • Above 75 Years

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and Pacific
  • East Asia
  • The Middle East and Africa

Frequently Asked Questions

What is the expected worth of the BRICS tourism Industry in 2024?

As of 2024, the industry for BRICS tourism is expected to be valued at US$ 5.09 trillion.

What is the industry potential for BRICS tourism?

The BRICS tourism Industry is projected to expand at a CAGR of 4.40% between 2024 and 2034.

Which consumer orientation segment dominates the BRICS tourism industry?

The men segment is projected to dominate the industry.

What is the anticipated industrial value for BRICS tourism in 2034?

By 2034, the Industrial value of BRICS tourism is expected to reach US$ 7.83 trillion.

Which country is likely to dominate the BRICS tourism industry?

South Africa is likely the top-performing Industry, with a CAGR of 6.2%.

Table of Content

1. Executive Summary

    1.1. Industry Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Industry Overview

    2.1. Industry Coverage / Taxonomy

    2.2. Industry Definition / Scope / Limitations

3. Industry Background

    3.1. Industry Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Investment Feasibility Matrix

    3.5. PESTLE and Porter’s Analysis

    3.6. Regulatory Landscape

        3.6.1. By Key Regions

        3.6.2. By Key Countries

    3.7. Regional Parent Industry Outlook

4. Industry Analysis 2019 to 2023 and Forecast, 2024 to 2034

    4.1. Historical Industry Size Value (US$ Million) Analysis, 2019 to 2023

    4.2. Current and Future Industry Size Value (US$ Million) Projections, 2024 to 2034

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Industry Analysis 2019 to 2023 and Forecast 2024 to 2034, By Type

    5.1. Introduction / Key Findings

    5.2. Historical Industry Size Value (US$ Million) Analysis By Type, 2019 to 2023

    5.3. Current and Future Industry Size Value (US$ Million) Analysis and Forecast By Type, 2024 to 2034

        5.3.1. Cultural & Heritage Tourism

        5.3.2. Medical Tourism

        5.3.3. Eco/Sustainable Tourism

        5.3.4. Sports Tourism

        5.3.5. Wellness Tourism

        5.3.6. Others

    5.4. Y-o-Y Growth Trend Analysis By Type, 2019 to 2023

    5.5. Absolute $ Opportunity Analysis By Type, 2024 to 2034

6. Industry Analysis 2019 to 2023 and Forecast 2024 to 2034, By Booking Channel

    6.1. Introduction / Key Findings

    6.2. Historical Industry Size Value (US$ Million) Analysis By Booking Channel, 2019 to 2023

    6.3. Current and Future Industry Size Value (US$ Million) Analysis and Forecast By Booking Channel, 2024 to 2034

        6.3.1. Online Travel Agents

        6.3.2. Traditional Agents

        6.3.3. Direct Booking

    6.4. Y-o-Y Growth Trend Analysis By Booking Channel, 2019 to 2023

    6.5. Absolute $ Opportunity Analysis By Booking Channel, 2024 to 2034

7. Industry Analysis 2019 to 2023 and Forecast 2024 to 2034, By Tourist Type

    7.1. Introduction / Key Findings

    7.2. Historical Industry Size Value (US$ Million) Analysis By Tourist Type, 2019 to 2023

    7.3. Current and Future Industry Size Value (US$ Million) Analysis and Forecast By Tourist Type, 2024 to 2034

        7.3.1. Domestic Tourist

        7.3.2. International Tourist

    7.4. Y-o-Y Growth Trend Analysis By Tourist Type, 2019 to 2023

    7.5. Absolute $ Opportunity Analysis By Tourist Type, 2024 to 2034

8. Industry Analysis 2019 to 2023 and Forecast 2024 to 2034, By Tour Type

    8.1. Introduction / Key Findings

    8.2. Historical Industry Size Value (US$ Million) Analysis By Tour Type, 2019 to 2023

    8.3. Current and Future Industry Size Value (US$ Million) Analysis and Forecast By Tour Type, 2024 to 2034

        8.3.1. Independent Traveller

        8.3.2. Tour Groups

        8.3.3. Package Traveller

    8.4. Y-o-Y Growth Trend Analysis By Tour Type, 2019 to 2023

    8.5. Absolute $ Opportunity Analysis By Tour Type, 2024 to 2034

9. Industry Analysis 2019 to 2023 and Forecast 2024 to 2034, By Consumer Orientation

    9.1. Introduction / Key Findings

    9.2. Historical Industry Size Value (US$ Million) Analysis By Consumer Orientation, 2019 to 2023

    9.3. Current and Future Industry Size Value (US$ Million) Analysis and Forecast By Consumer Orientation, 2024 to 2034

        9.3.1. Men

        9.3.2. Women

    9.4. Y-o-Y Growth Trend Analysis By Consumer Orientation, 2019 to 2023

    9.5. Absolute $ Opportunity Analysis By Consumer Orientation, 2024 to 2034

10. Industry Analysis 2019 to 2023 and Forecast 2024 to 2034, By Age Group

    10.1. Introduction / Key Findings

    10.2. Historical Industry Size Value (US$ Million) Analysis By Age Group, 2019 to 2023

    10.3. Current and Future Industry Size Value (US$ Million) Analysis and Forecast By Age Group, 2024 to 2034

        10.3.1. 15-25 Years

        10.3.2. 26-35 Years

        10.3.3. 36-45 Years

        10.3.4. 46- 55 Years

        10.3.5. 56- 65 Years

        10.3.6. 66-75 Years

        10.3.7. Above 75 Years

    10.4. Y-o-Y Growth Trend Analysis By Age Group, 2019 to 2023

    10.5. Absolute $ Opportunity Analysis By Age Group, 2024 to 2034

11. Industry Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    11.1. Introduction

    11.2. Historical Industry Size Value (US$ Million) Analysis By Country, 2019 to 2023

    11.3. Current Industry Size Value (US$ Million) Analysis and Forecast By Country, 2024 to 2034

        11.3.1. Brazil

        11.3.2. Russia

        11.3.3. India

        11.3.4. China

        11.3.5. South Africa

        11.3.6. Egypt

        11.3.7. Other Countries

    11.4. Industry Attractiveness Analysis By Country

12. Brazil Industry Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region

    12.1. Historical Industry Size Value (US$ Million) Trend Analysis By Industry Taxonomy, 2019 to 2023

    12.2. Industry Size Value (US$ Million) Forecast By Industry Taxonomy, 2024 to 2034

        12.2.1. By Region

        12.2.2. By Type

        12.2.3. By Booking Channel

        12.2.4. By Tourist Type

        12.2.5. By Tour Type

        12.2.6. By Consumer Orientation

        12.2.7. By Age Group

    12.3. Industry Attractiveness Analysis

        12.3.1. By Region

        12.3.2. By Type

        12.3.3. By Booking Channel

        12.3.4. By Tourist Type

        12.3.5. By Tour Type

        12.3.6. By Consumer Orientation

        12.3.7. By Age Group

    12.4. Key Takeaways

13. Russia Industry Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region

    13.1. Historical Industry Size Value (US$ Million) Trend Analysis By Industry Taxonomy, 2019 to 2023

    13.2. Industry Size Value (US$ Million) Forecast By Industry Taxonomy, 2024 to 2034

        13.2.1. By Region

        13.2.2. By Type

        13.2.3. By Booking Channel

        13.2.4. By Tourist Type

        13.2.5. By Tour Type

        13.2.6. By Consumer Orientation

        13.2.7. By Age Group

    13.3. Industry Attractiveness Analysis

        13.3.1. By Region

        13.3.2. By Type

        13.3.3. By Booking Channel

        13.3.4. By Tourist Type

        13.3.5. By Tour Type

        13.3.6. By Consumer Orientation

        13.3.7. By Age Group

    13.4. Key Takeaways

14. India Industry Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region

    14.1. Historical Industry Size Value (US$ Million) Trend Analysis By Industry Taxonomy, 2019 to 2023

    14.2. Industry Size Value (US$ Million) Forecast By Industry Taxonomy, 2024 to 2034

        14.2.1. By Region

        14.2.2. By Type

        14.2.3. By Booking Channel

        14.2.4. By Tourist Type

        14.2.5. By Tour Type

        14.2.6. By Consumer Orientation

        14.2.7. By Age Group

    14.3. Industry Attractiveness Analysis

        14.3.1. By Region

        14.3.2. By Type

        14.3.3. By Booking Channel

        14.3.4. By Tourist Type

        14.3.5. By Tour Type

        14.3.6. By Consumer Orientation

        14.3.7. By Age Group

    14.4. Key Takeaways

15. China Industry Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region

    15.1. Historical Industry Size Value (US$ Million) Trend Analysis By Industry Taxonomy, 2019 to 2023

    15.2. Industry Size Value (US$ Million) Forecast By Industry Taxonomy, 2024 to 2034

        15.2.1. By Region

        15.2.2. By Type

        15.2.3. By Booking Channel

        15.2.4. By Tourist Type

        15.2.5. By Tour Type

        15.2.6. By Consumer Orientation

        15.2.7. By Age Group

    15.3. Industry Attractiveness Analysis

        15.3.1. By Region

        15.3.2. By Type

        15.3.3. By Booking Channel

        15.3.4. By Tourist Type

        15.3.5. By Tour Type

        15.3.6. By Consumer Orientation

        15.3.7. By Age Group

    15.4. Key Takeaways

16. South Africa Industry Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region

    16.1. Historical Industry Size Value (US$ Million) Trend Analysis By Industry Taxonomy, 2019 to 2023

    16.2. Industry Size Value (US$ Million) Forecast By Industry Taxonomy, 2024 to 2034

        16.2.1. By Region

        16.2.2. By Type

        16.2.3. By Booking Channel

        16.2.4. By Tourist Type

        16.2.5. By Tour Type

        16.2.6. By Consumer Orientation

        16.2.7. By Age Group

    16.3. Industry Attractiveness Analysis

        16.3.1. By Region

        16.3.2. By Type

        16.3.3. By Booking Channel

        16.3.4. By Tourist Type

        16.3.5. By Tour Type

        16.3.6. By Consumer Orientation

        16.3.7. By Age Group

    16.4. Key Takeaways

17. Egypt Industry Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region

    17.1. Historical Industry Size Value (US$ Million) Trend Analysis By Industry Taxonomy, 2019 to 2023

    17.2. Industry Size Value (US$ Million) Forecast By Industry Taxonomy, 2024 to 2034

        17.2.1. By Region

        17.2.2. By Type

        17.2.3. By Booking Channel

        17.2.4. By Tourist Type

        17.2.5. By Tour Type

        17.2.6. By Consumer Orientation

        17.2.7. By Age Group

    17.3. Industry Attractiveness Analysis

        17.3.1. By Region

        17.3.2. By Type

        17.3.3. By Booking Channel

        17.3.4. By Tourist Type

        17.3.5. By Tour Type

        17.3.6. By Consumer Orientation

        17.3.7. By Age Group

    17.4. Key Takeaways

18. Other Countries Industry Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    18.1. Historical Industry Size Value (US$ Million) Trend Analysis By Industry Taxonomy, 2019 to 2023

    18.2. Industry Size Value (US$ Million) Forecast By Industry Taxonomy, 2024 to 2034

        18.2.1. By Country

        18.2.2. By Type

        18.2.3. By Booking Channel

        18.2.4. By Tourist Type

        18.2.5. By Tour Type

        18.2.6. By Consumer Orientation

        18.2.7. By Age Group

    18.3. Industry Attractiveness Analysis

        18.3.1. By Country

        18.3.2. By Type

        18.3.3. By Booking Channel

        18.3.4. By Tourist Type

        18.3.5. By Tour Type

        18.3.6. By Consumer Orientation

        18.3.7. By Age Group

    18.4. Key Takeaways

19. Industry Structure Analysis

    19.1. Competition Dashboard

    19.2. Competition Benchmarking

    19.3. Industry Share Analysis of Top Players

        19.3.1. By Country

        19.3.2. By Type

        19.3.3. By Booking Channel

        19.3.4. By Tourist Type

        19.3.5. By Tour Type

        19.3.6. By Consumer Orientation

        19.3.7. By Age Group

20. Competition Analysis

    20.1. Competition Deep Dive

        20.1.1. Thomas Cook

            20.1.1.1. Overview

            20.1.1.2. Product Portfolio

            20.1.1.3. Profitability by Industry Segments

            20.1.1.4. Sales Footprint

            20.1.1.5. Strategy Overview

                20.1.1.5.1. Marketing Strategy

        20.1.2. Cox and Kings

            20.1.2.1. Overview

            20.1.2.2. Product Portfolio

            20.1.2.3. Profitability by Industry Segments

            20.1.2.4. Sales Footprint

            20.1.2.5. Strategy Overview

                20.1.2.5.1. Marketing Strategy

        20.1.3. SOTC

            20.1.3.1. Overview

            20.1.3.2. Product Portfolio

            20.1.3.3. Profitability by Industry Segments

            20.1.3.4. Sales Footprint

            20.1.3.5. Strategy Overview

                20.1.3.5.1. Marketing Strategy

        20.1.4. Kesari Tours

            20.1.4.1. Overview

            20.1.4.2. Product Portfolio

            20.1.4.3. Profitability by Industry Segments

            20.1.4.4. Sales Footprint

            20.1.4.5. Strategy Overview

                20.1.4.5.1. Marketing Strategy

        20.1.5. Expedia

            20.1.5.1. Overview

            20.1.5.2. Product Portfolio

            20.1.5.3. Profitability by Industry Segments

            20.1.5.4. Sales Footprint

            20.1.5.5. Strategy Overview

                20.1.5.5.1. Marketing Strategy

        20.1.6. Signature Tours

            20.1.6.1. Overview

            20.1.6.2. Product Portfolio

            20.1.6.3. Profitability by Industry Segments

            20.1.6.4. Sales Footprint

            20.1.6.5. Strategy Overview

                20.1.6.5.1. Marketing Strategy

        20.1.7. Natripp

            20.1.7.1. Overview

            20.1.7.2. Product Portfolio

            20.1.7.3. Profitability by Industry Segments

            20.1.7.4. Sales Footprint

            20.1.7.5. Strategy Overview

                20.1.7.5.1. Marketing Strategy

21. Assumptions & Acronyms Used

22. Research Methodology

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